816 Peyton Street
Raleigh, NC 27610Unlock the potential of this stunning 4-bedroom, 3.5-bathroom income-producing property, perfectly positioned in the heart of vibrant Downtown Raleigh! With previous special use permit, this versatile gem is ideal for assisted living, a group home, or continued success as a profitable Airbnb. Why This Property Stands Out: Spacious & Modern Design: Enjoy an open floor plan, perfect for entertaining, with a seamless flow between the living, dining, and kitchen areas. Prime Location: Steps away from Downtown Raleigh's best dining, entertainment, and cultural hotspots, plus convenient access to the bus line for effortless transit. Outdoor Appeal: A fenced-in backyard area for a cozy fire pit, offering a private oasis for residents or guests. Turnkey Investment: generating income with endless potential for customization to maximize returns. Property Highlights: 4 spacious bedrooms for flexible use 3 full bathrooms + 1 half bath for convenience Fenced backyard with area for a fire pit for relaxation or guest enjoyment Unbeatable location near all that Downtown Raleigh has to offer Don't miss this rare opportunity to own a property with incredible income potential and a location that's in high demand! Schedule a showing today to explore this one-of-a-kind investment. Please note: Water is currently turned off but will be activated for inspections.
$398,000
4 bedrooms
3 full, 1 half bathrooms
0.24 acres
1,949 square feet
$204 per square foot
Open Houses at 816 Peyton Street
Jul
19
11am - 1pm
Additional Property Information
- TypeSingle Family Residence
- Built1960
- NeighborhoodStratford Park
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - SE Raleigh
- Middle SchoolWake - Centennial Campus
- High SchoolWake - S E Raleigh
Listing courtesy of HEARTHSTRING REALTY INC.. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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Find your amount- Exterior Features
- Interior Features
- Property Features
- Construction Materials Block, Vinyl Siding, Brick
- Fencing Full, Back Yard
- Lot Size Acres 0.24
- Other Structures Shed(s)
- Patio And Porch Features Front Porch
- Structure Type Site Built
- Above Grade Finished Area 1,949
- Appliances Range, Microwave, Dishwasher
- Basement Crawl Space
- Cooling Central Air
- Cooling Y/N Yes
- Flooring Vinyl, Tile, Carpet
- Heating Forced Air
- Heating Y/N Yes
- Interior Features Open Floorplan
- Rooms Total 8
- Association Amenities None
- Lot Features Back Yard
- Tax Annual Amount 3159.63
- Water Source Public
- Year Built 1960
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©2025 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-07-18T01:25:25.000Z.